Fourth of July weekend ransomware attack hits thousands of companies in 17 countries

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Cybersecurity experts are continuing to work to stem the impact of what may be the single biggest global ransomware attack of its kind on record.

The US FBI and federal Cybersecurity and Infrastructure Security Agency are investigatingAn affiliate of Russia's notorious REvil gang, best known for extorting $US11 million from meat processor JBS earlier this year,Miami-based IT firm Kaseya, which was the initial target of the attack, said fewer than 60 of its customers had been "directly affected".

Brett Callow, a ransomware expert at the cybersecurity firm Emsisoft, said he was unaware of any previous ransomware supply-chain attack on this scale.The FBI said it was investigating the attack, along with the federal Cybersecurity and Infrastructure Security Agency, but added that "the scale of this incident may make it so that we are unable to respond to each victim individually".

Ransomware criminals break into networks and sow malware that cripples networks on activation by scrambling all their data. Victims get a decoder key when they pay up.

 

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